At the annual general meeting (“AGM”) of shareholders of Trencor held on Thursday, 10 August 2017, all the ordinary and special resolutions proposed were approved by the requisite majority of votes. The company confirms the voting statistics from the AGM as follows:

Total number of shares in issue

177 068 011

Total number of shares represented at the AGM

164 161 167 (92,71%)

Resolutions

Votes carried disclosed as a percentage in relation to the total number of shares voted at the AGM

Number of shares voted

Shares voted disclosed as a percentage in relation to the total issued share capital

Shares abstained disclosed as a percentage in relation to the total issued share capital

For

Against

Ordinary resolution number 1.1: Election of Jimmy McQueen as a director

98,51%

1,49%

164 116 126

92,69%

0,03%

Ordinary resolution number 1.2: Election of Hennie van der Merwe as a director

99,93%

0,07%

164 116 126

92,69%

0,03%

Ordinary resolution number 1.3: Election of Herman Wessels as a director

Ordinary resolution number 3.1: Election of Eddy Oblowitz as audit committee member

86,86%

13,14%

164 116 912

92,69%

0,02%

Ordinary resolution number 3.2: Election of Roddy Sparks as audit committee member

100,00%

0,00%

164 117 626

92,69%

0,02%

Ordinary resolution number 3.3: Election of Herman Wessels as audit committee member

99,86%

0,14%

164 116 912

92,69%

0,02%

Special resolution number 1: Approval and authorisation of the provision of financial assistance by the company to related and/or inter-related companies

99,78%

0,22%

164 117 626

92,69%

0,02%

Special resolution number 2: Approval of non-executive directors’ remuneration from 1 July 2017

99,84%

0,16%

164 115 984

92,69%

0,03%

Special resolution number 3: Approval of the granting of a general authority to the company or its subsidiaries to acquire the issued shares of the company

100,00%

0,00%

164 117 826

92,69%

0,02%

REPORT BY THE CHAIRMAN AT THE AGM

The chairman reported that the board has been and is committed to actively pursuing the commercial objectives of:

- reducing costs and time delays associated with US GAAP to IFRS conversion; and- a listed access point for South African investors by way of an inward listing of Textainer Group Holdings Limited and/or an intermediate entity.

For these objectives to be implemented, each relevant entity is required to consider its own position, its local regulatory and legal considerations, as well as the best interests of its stakeholders in the various jurisdictions concerned. As a result, the processes to achieve these commercial objectives are complex and time consuming, but the board is hopeful that all related matters may be resolved by the close of the current financial year.